$500 in 1979 is worth $2,307.02 today

$500 in 1979 has the same buying power as

$2,307.02 in August 2026

That is 361% more, an average inflation rate of 3.30% a year over 47 years.

Put the other way, $500 today buys what $108.36 bought in 1979. Cash kept under the mattress since 1979 has lost 78% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
1974$3,397.3611.0%
1975$3,113.209.1%
1976$2,943.595.8%
1977$2,763.866.5%
1978$2,568.877.6%
1979$2,307.0211.3%
1980$2,032.6513.5%
1981$1,842.5710.3%
1982$1,735.656.2%
1983$1,681.633.2%
1984$1,612.034.3%

How $500 from 1979 grew

$0.00$500$1000$1500$2000$2500198019902000201020202026.625: $2307
$500 from 1979 in each later year's dollars

$500 of 1979 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 1979 costs today:

CategoryCost in August 2026
Food$2,192.85
Rent$3,021.51
Gasoline$2,562.24
Medical care$4,392.61
New cars$1,097.16
College tuition$7,631.67
Electricity$2,363.24
Clothing$805.37

Try a different amount or date

$500.00 in 1979 has the same buying power as

$2,307.02 in August 2026

Prices rose 361.4% in total, an average of 3.30% a year.

Questions

How much is $500 in 1979 worth today?
$500 in 1979 is worth $2,307.02 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 1979?
You would need $2,307.02 to buy what $500 bought in 1979. That is 4.61 times as much.
How much buying power has $500 lost since 1979?
Kept as cash, $500 from 1979 buys only what $108.36 of 1979 money bought. It has lost 78% of its buying power.
What was inflation in 1979?
Prices rose 11.3% in 1979. Since then the average has been 3.30% a year.

Other amounts from 1979

$500 in other decades

Everything about inflation in 1979